A five member Indian delegation is in Zambia to explore investment opportunities in various sectors.
Speaking during a courtesy call on Commerce Minister Felix Mutati at his office Friday evening , the minister said the group from the Sandesara Group of companies is in the country to explore investment opportunities in the mining, energy and tourism among other sectors.
He said the investment opportunities being explored by the group would yield the desired results for the country’s economy.
Mr. Mutati said once the group establishes the itself in Zambia, the investment would translate into job and wealth creation.
He noted that the coming of investors to Zambia is also an indication that that the country has continued attracting investments and still remains a key investment destination.
And Sandesara Group of companies Chairperson Nitin Sandesara disclosed that his group has over 5 million dollars in assets and intends to invest an initial maximum of 100 million dollars once an area of investment is identified before the end of 2008.
Mr. Sandesara said his group is happy with government’s support so far.
ZANIS/CM/ENDS
we need HH with the spirit of zambians being investors in thire own country VIVA HH .Russian students have endorsed HH
WHERE ARE GOING PA ZED WHY INDIANS AGAIN OH THIS IS TO MUCH ,THIESE PEOPLE ARE TOO POOR BE OUR INVESTORS, ONLY GOD KNOWS MWANDI
HHHHHHHHHHHHHHHHHHHHHHHHHH HHHHHHHHHHHHHHHHHHHH
HHHHHHHHHHHHHHHHHHHHHHHHHH HHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH
VIVA HH VIVA HH VIVA HH
#1 sibs or wateva you call yourself. some of us the zambian students in russia are on the boat. stop announcing on our behalf.PABWATOOOOOOOOOOOOOOOOOOOOOOOOOO!
# 4 Majority wins majority are fo HH shows how isolated you are in the zam-rissco community.
Zambian students in Russia for HHHH VIVA HHHH
.ANY BACK TO THE POINT RB YOU ARE WASTING YOUR TIME BECAUSE THAT PLACE IS FOR UPND.COME WHAT MAY HH WILL CARRY THE DAY IN THAT DISTRICT
Russian students for HH nabanani? thats why you are suffering and very soon you come back at lusaka trades choma 1 tell them you and other guys will remain there and cash will be sent to you not abo abashishibe ifyobalechita
HH please go on may god be with you all intelligent students are for you .satudents who have a will of going back to there mother zambia land and develop it .Russian students for HH.
Sandesara Group of companies, they Trade in salt,groceries and second hand clothes.They nolonger have business in INDIA.
Indians again!!I thought we had more than enough of them at kamwala with thier substandard shops.Can we for once invite the american investors please.
Im alright with them as long as they are regulated. No shady business practices, thank you.
RB for President. Chinese are not poor. They are the largest investors in Zambia without too many conditions imposed like these bullies (IMF & WB).
RBBBBBBBBBBBBBBBBBBB
RB for president.
MWENYE? !!!OK ALENI BANE.. U PEOPLE NEED TO GET SERIOUS!!!
HHHHHHHHHHHHHHHHHHHHHHHHHHH
i guess the one for RB are just scared that things might get tough for the,they are not hard workers but just receive handouts for supporting..all u russians supporting RB are just on scholarships from mmd
#5 if you are a tonga man and support HH it doesn’t mean everybody does. HH will never rule Zambia, if he does , you can have my allowance. Lets bet if you want
#5 if you are a tonga man and support HH it doesn’t mean everybody does. HH will never rule Zambia, if he does , you can have my allowance. Lets bet if you want , because i know u will die of hunger
Indians are bogus investers, twakana ba RB,univesity graduate alefola 200,000.Abash indians and RB.HH akaso he only invests in cows.Shame on you Tongas.
Bane HH ngapita ifikotikala ninshi fyaisa mu cairo.Zambia clean campaign ninshi yapwa.
Nigerians with their banks, now its Indians. Pa Zed awe mwandi paliba drama.
Don’t just sit there and complain, if you can’t beat them, then join them! I’m seriously contemplating a partnership with some European businessmen to invest back home. It is the only progressive way forward. I wont spend the rest of my life complaining about Indians, Chinese, Nigerians, etc.
Do not sale our country to foreigners. We have enough of them already. Where will our children’s children find resources to use. Think guys before the country remains with holes for our future generation.
imwe bali kumangalande watch out you wont find land in zed.Nigerians chinese and indians have one thing in common-OVERPOPULATION.
Indians are racists and very lazy,They have been here from time in memorial, what have they done for Zambia? Ask those who work for Indians they will tell you what Indians are made of, This is all useless, nonsense idea all together
This is cheap POLITIKING
vote wisely
I think an investor is ok. dont be racist. The problem is our governemtn strikes raw deal everytime. instead of investors being a good thing, it ends up being bad. Then generations to come will continue suffering because of lack of development and exploitation at the hands of these people… whether american, indian, nigerian. our leaders get bribed to agree to rubbish. zao ninshi zalunga! the rest of the country has to suffer for it. MMD has to go… its now or never. talema nama rubbishi aya mwe… Chiluba, the so called LPM legacy, now RB, they are all sell-outs! nothing for the people, everything for themselves. the rich get richer, the poor poorer!
Zambians have allowed any foreigner to be superior because you have an inferiority complex. If you didn’t allow it, it wouldn’t happen. We need a president who can stand up against such nonsense. Foreign investors are all over the world, but its only where leaders are silly where you hear of exploitation. Leaders who get bribed… they give them a ka US$20,000 and they dont even read the MOU, they just sign! The power is with us Zambians now to vote for leaders who dont bilima because of a bribe. they have seen enough money not to bilima over a ka $20,000. Vote HH. Not tuma poor leaders. They will first of all need to prepare for the retirement, empower relatives, etc. the same nonsense!!
The only problem is that most of us logging on here are resident in foreign countries! So chances are we are not voting! So kaya manje what is prevailing on the ground. I hope they vote wisely.
#17 u indeed Mr nice guy a good word of advise to the tonga fellow.One thing i know for sure is that all the tribes in zed will have their day in state house we just need to be patient and let nature take its course.look at LPM,now RB who knows who and where the next one will come from.I know HH is good but i will never vote for him because of how he came onto the seen.
#16#17 am not Tonga .but am for HH .if you ask me why because am a trained economist
# 16#17 i know and have been trained how governments can come up with fiscal policies so as to evenly redristribut its wealth to it citizens if there is insufficiant technology to set up secondary industries. so mind your languge and be civilized>> HHHH FOR OCTOBER 30/ 30.10.2008,,
@29 Sibz
I highly doubt your economics qualification. You are more like a politician than an economist. Don’t show off your skills. Let everyone vote with their will. Don’t push your agenda here.
# 25 I’m so glad that you’ve brought some serious reasoning, which is immensley lacking on this blog. Whenever people fail to articulate the root cause of an issue, they find it easier to blame it on a secondary label like skin colour, tribe etc. For your own information, America is dying for investors from India and the Middle East to save its ailing economy from depression. What is the difference between them and Zambia? The laws that make sure that nationals are advantaged. If everything is legally being offered freely to an ‘investor’, do you think he will willingly surrender saying, ‘Oh ya, by the way, govt, your people are hungry’? This is modern Capitalism people, wake up!
If it was illegal to pay ‘slave wages’, do you think the ‘investors’ would pay them? If the police or whichever regulatory body was vigillant in arresting people abusing their workers(physically and otherwise), would it be rampant? They’d much prefer to be used as props at campaign rallies than do their actual job. There are websites where Jobs for management/other positions in Zambian mines are advertised looking for expatriates, but there are numerous graduates roaming the streets. Would such a thing be prevalent if there were legal restrictions on hiring expatriates only where local manpower was unavailable? Don’t start blaming race or other ‘physical attributes’ that you cannot choose
at birth for the failings of an entire system of government to meet the needs of its people.
And to those crying for ‘European’ or ‘American’ investment, ‘beauty lies in the eyes of the beholder’. If investors from these countries are not ‘attracted’ to the conditions in your country, should they be forced to come? What makes you think they will be much better – just because they are from ‘Europe’? This is the kind of thinking that is destroting us. Fix the laws – they make sure everyone is on the same playing field, whether you’re a Zambian, Indian, Chinese or European investor.
@ 9, 18 & 21, Bane it’s not Zambia’s fault that only Indians and Chinese are interested to invest in our country. The USA/UK/EU group are so filled with negative sentiments about our country. No business man from this block wishes to risk their money in our economy becoz of backward views about our country. I recently heard a well learned European telling he’s mates that there is completely no roads, housing and telecomms in Zambia, and that the country is AIDS/Malaria infested. He went on to say the govt is non existent, no law or any form of regulations. The problem is our own people do not have any real moneys for meaningful investment. Otherwise we’d told em illinformed fellas to hang.
No 26 HH can not stand up to foreigners. He sold Mosi-o-Tunya Hotel to Sun for a song. He then agreed with them that they steal ten percent service charges from the workers until they were sued. He then joined Shoprite Board who are giving Zambian workers a raw deal. When has he ever been on the side of the Zambian worker? Have you checked out what workers in his companies have to say? Vote for HH at your own peril.
Check today’s Daily Mail (UK) for a good article about the Chinese (and a good picture of Sata)
LT is now stopping comments from russia!Whats going on?
How can an Indian invest in Zambia when there is total poverty in India
According to my knowledge, the Indians are the second largest foreign investors in the UK. They have been reversing the trend of imperialism. Recently, Indian investors bought over 2 well known English brands, Jaguar and Land Rover. Im sure they have the investing capacity. If they can show the British, why cant we.
Atase LT no one is posting here
Malabissh
you bloggers are living 50 years ago don’t you have any reading material in zambia ,china followed by india is going to be the biggest economies in the world in 15 years time .indians want your raw materials you are sitting on to fuel that growth.you guys debating here are bigots who just don’t get the big picture you deserve the low iq’s sata and banda’s when you should be voting for HH
let them go into the energy sector…may be ingaciteko improve.
Indian Investors are welcome, but need to be scrutinized well. I, for one I would be very cautious to welcome investors from China or India until i prove their capabilities and looking at their experiences. Chinese and Indians do not bring development, they don’t even care about the appearances of the enviroment they are working in. For them if profit is being made, that is fine and their reimain there. The mines we have made a lot of mistakes already by Chiluba regime, don’t repeat those mistakes by getting excited. When I am back and in power, Nkesa milonga bonse kumukobeko
MORE MWENYES IN THE COUNTRY, JUST WHAT WE NEED…..!!!
this guy sibs or sibis #1 has nothing to do.brother not all of us here in russia want hh or sata.iam 4 rb.hh is the one waisting his time only sata will try.but Rb has it wheather satana afulamile ku zuba.go rb
viva RB
I think to bring in indians, chineese, Japaneese & all people who feel have the money it s good idea as they will be making our economy better. They could be small investors but collectively its a big thing. Have you ever noticed that in Zambia in Agriculture sector in terms of maize it highest production is not from commericial farmers but the small scale farmers when added collectively all we need is if there serious. Anyone can be rich in Zambia, it the easiest place to get rich,& become an employer.But if u talked about the so called developed countries people become are just workers, not employers & one becomes a struggler.To instill disciple in foregn investors SATA is the solution
What is wrong with our government? how many investors are going to invite….? How stupid are our leaders? WHO ON EARTH ALLOWED THE NIGERIANS TO OPEN A BANK IN ZAMBIA? REMEMBER MERIDIAN BANK AND CAB SAGAS MARK MY WORDS! Only stupid or corrupt individuals deal with NIGERIANS. TRUST ME THEY ARE AFTER OUR COPPER MONEY OR BOZ….WINA AZALILA. PLEASE GET RID OF THE NIGERIANS BEFORE OUR GOVERNMENT COFFERS ARE WIPED OUT.
You caanot separate politics from economics ask Oliver Saasa
Ba Sata thinks he knows it all when he has no understanding of economics. His manifesto is hollow on petinent issues and lacks logic on taxation. HH is the man of the time, a gentleman, cool and not cantankerous, loquacious, quarrelsome, and garulous like the SATA
HH waboola, HH has come, HH abwela, HH aataha….
Fellow Citizens, I am now signing off. We continue our door-to-door campaigns for HH regardless of what is happening around.
Nkuyumayuma taata, nkuyumatyuma. Nkuyumayuma baama, nkuyumayuma.
HH yomwe (HH is the one).
CHOICE YABOOLA (CHOICE has come).
May the good Lord God bless you all as you blog.
“Try as much as possible not to do evil.” – unknown.
IF VJ had no drug record,alot of zambians would have voted for him,we are afraid of the HH,s of this world and all them tribalists that post rubbish like #54 above baaaadd tongas like you will rot on your farms shagging your cows
#55 read your comment again and see what a stupid person you are.
Ba Zeds.. lets stop attacking investers with rascist remarks who want to come and invest here. Instead we should scrutinise anyone who wants to come just like anyother country does and if we have the capacity or ideas to invest then we should be the ones doing it.
remember the mines.. we were losing 1.0 million dollars a day and had to beg foreigners to take it off us. they did and turned them around. so until we are capable and are ready to invest in our own country, we should let those that have the balls and the guts to do so, and learn from them and not start being rascist and short sighted. those days are history.and we need to move on otherwise we will be left behind.
oh and just remembered , which foreigners were in the forfront at the burial of LPM… obviusly they had the expertise which we DO not have yet. building a burial site of that complexity and of that standard in such a short time, Tells us that we can still learn somthing form the so called lazy expatriates.Please dont question my patriotism,but the truth is that the majority of foreigners have a work ethic that will put us to shame.of course there are exceptions , but we should also scrutinise our selves before blaming others..like #35 says.. fix the laws and everyone will be equal
Shame on Zambian Leaders, how do you bring Indians to Invest in Zambia? Are you ever going to get serious? those are People that sweep our streets here.. Ala, when are we going to weak up. Even Mugabe the man with no future is attracting Middle East countries like Qatar. please get serious people?? if you do not know how to attract investors, say so we can help you?? you really make me sick na ba mwenye.those people are so corrupt.
More indians ka? slave drivers, they are no better than chinese pipo.
Gee, I miss Paul Ngozi
Ise ana, ti sauka
atate atu, siti baziwa
ku funsa amai, awaya waya
ku sukulu, ati seka
akuti patelo uyo, ni shemu shame!
How come some indian boys go out with african girls
while the indian girls can’t go out with african boys
is that what we call humaaanism?
oh no, oh no!!
or one zambia, one nation?
oh no, oh no!!
all we want is 50 50
all we want is 50 50
all we want is 50 50!!!!
GUys when will you guys wake up!!!!! INdia and China are the fastest growing economies in the world. there are more millionaires in Mumbai than in New YOrk. America is crying for Indian investment. thier are over 40 Billionaires in India it has a histrory on feeding over one billion human beings with begging from UN. in contrast Zambia has been in reccesion for almost 40 yrs, its got no local investment capacity…nevermind Billionaires it cant even feed its people properly.
so what are you guys talking about? ofcourse we need investment from india….and China. look at it this way…… Africa is doomed anyway. why because the blackman cant think ryte. and althose calling the
indians lazy……..who do u think built Dubai? indians have the best work ethic….they can graft!!! what can the zambians do apart from shaggin and spreading HIV and getting drunk? i thinnk not much. am not racist by any means……….i feel for my people and curse those who think they clever on this blog when millions in zambia are dying of poverty because ill informed people like on this blog get in the way of investment.
have a nuetral and open head. think longterm and have abit of rationale. the world it forging ahead and here we are still living in the cookoo land pointing fingers at each other.
There’s no sense of nationalism in the economic sector or in the government. Lets promote our own banks, hotels and instill a sense of nationalism in the commercial sector otherwise we’ll lose out and thats what the government is doing. Everytime we discover resources we quickly go looking for an investor you cant tell me zambia is that poor that we ourselves cant invest in these resources, our mines will be foreign owned and the so called oil fields, gold and diamond mines in NW province will also be foreign owned. # 64 just to add zambia went from developing to Least developing country how encouraging is that. Sorry we need someone like Hitler without the rascism, cont…..
Germany was poor after the first world war people were sleeping on strings eating horses and what happened after Hitler came into power?poverty was almost eradicated and germany was back on its feet. All am saying is we need someone who is proud and knows what the average zambian is going through and wishes to change that. He’ll always put zambia first not his interests. We have a bunch of cows in government with there fingers up there bums they need to pull’em out and realise that there policies stink.
#24 u are right….where I work the majority of employees are Indians. These pipo are racists, very very dirty and they only favour their fellow Indians. The owner of the company is African but then in Dubai the majority are Indians hence the large number of Indians as employees. RB should first visit India and he will understand what rubbish he is bringing to our country. Indians are upto no good why not encourage British and Americans to Invest!!!Indians only know how to spit i.e bathing the streets with their Stinking saliva from their dirty mouths.
#64 Indians were used and are still being used as builders to build buildings in Dubai.Indian labour is very cheap that is why Dubai rulers are taking advantage of them.The planners of Dubai City are Bristish and Americans not INDIANS.If you could see the saw called Labour coups where Indian builders sleep, you will never believe your eyes. They are ill treated and have no say as far are the small salaries are concerned.Stop uplifting Indians they are very stupid in all their doings besides you dont even stay in Dubai hence you are not sure of what you are saying.
Wouldn’t say Indians are lazy. I concur with No(64). Looks like some people are not aware. Well, you have to be exposed, wide read or make the effort to read, like current affairs to know certain things. I am aware that some Indians and some Nigerians have left countries like US and UK. Well they left high profile and well paying jobs (Wall Street) to go and do their own things in their respective countries. l bet they felt it was high time they developed their own countries – probably got tired of toiling for others (enough must have been enough). Zambians too can feel the same way, and act! Not only would Zambians prosper but the world will hold Zambians highly. The benefits are endless!
Continued due to lack of space. The Indians first wend to UK and US then developed in their countries and then they can invest in other countries like Zambia. (You may call it colonise) (Their terms not your terms.) Zambians are an example. Workers are paid peanuts and the Govt has no say. Dare to dispute this.
awe too many indians monga ba zinini.why arent we having britons or americans as investors or any other country apart from india and chine,thats why we need sata to chase them away its too much,indians getting our land and giving us cheap labour while chines are selling us chikenss they grow in two week using ARVS.guys do something abt it
# 69 Indians are not lazy they can do anyone for cash but NOT INVESTORS MATERIAL. Sweeping the streets and spitting is where they belong.
#62 it’s only inna Zed weh de coolie gals dem play hard fi get. Inna Hinglaan, dem crave fi di black donkey cod. Me service three a dem ahready…dem know seh Jah man we cum like fresh cream soup!
Sad to see the rascism going on here. I read a recent poll in the US about what white people think of blacks; Violent lazy and always wanting to blame someone else for their own problems.
Philosopher, you are right. There is too much racism and hatred here. How can we progress when there are people like @62 and @73 (BUN DEM DREAD) who cant think about anything but sex. To progress, we need to use our heads, and not our ……. Please, be serious with life or else we will end up with nothing in the end. We need to widen our thoughts and mind. Progression comes from within.
Philosopher & Anonymous, me would encourage yuh fi try Indian punany too, it’s a bit softer than de black one, but mo firm and rigid than de whitey. Plus it taste a bit like Cucuma and when yuh push it in, de feeling is like paradise!!
Ba BUN DEM DREAD, hats off for you, you are the king.
Blacks can not make anything function or rule anyone……let alone their own people. the black race is the most disadvantaged in society. just look around the world, Black children in England are least performing in school when compared to otehr minority groups. Africa is the least developed continent in this world. Blacks in America cant get good jobs and often live in slumps and gettos. Haiti and the WestIndies dont fair to well either. surveys and research has put the Black Africans at the bottom of the IQ list… Japanese, Chineses, White and the Indian race are right up there. so ask yourselves this question……WHY??? what ever you guys say INDIA and CHINA are far far far ahead…
LOL..Thanks for letting me know DREAD,guess you been there done that. oh yeah they also did say we like to have too much sex and have kids all over the place, lack of family planning and the spread of HIV.There’s nothing wrong with too much sex but dont have too many toddlers all over the place that they end up being street kids because you didnt use protection.Do you know why india is emerging as a powerful economy in the world,hard work!Zambia is #50 in the LDC list, not developing countries but LDC,the lowest, and you have investors comin to invest billions and you are blowing them off by being racist.Selfish minds!you are comfortable where ever you are,but think of the average zambian
The government needs to get a deal that will not rip us off. Laws need to be pt in place to protect the interest of the average zambian.
Oil,Oil,Oil
for God sake how can one even think of comparing INDIA with Zambia. its a non starter. India is too far ahead of Zambia. it has one of the best skillled labour force in the world, very far ahead in medicine and technology. india makes TATA and ARVs thats keeping half of AFrica alive. Zambian plz get a life. Am European by the way not racist but i see things on a broad level.
Bun dem dreads… youve lost the plot man… you can only think with one head man. only enough blood for one head at a time, but u wouldnt know that from all that crap you smoke and fetid dreads covering your eyes.
theres more to life than punani . get serious a$$h@le. the world is busy wooing investors and we busy talking about their punani. this is how we expect to develop… Jah help us..(and maybe hes Indian)
LT. THERE WAS SOME TOURISM ACTIVITIES GOING ON IN SAMFYA AND THE REST OF LUAPULA PROVINCE WHERE MORE THAN 150 TOURIST WENT AT A GO. PLEASE, REPORT ON THAT PROGRESSIVE ISSUE AND SHOW US SOME IMAGES OF SAMFYA BEACHES THE NEGLECTED PLACE IS ONE OF THE FEW WONDERFUL PLACES ON EARTH. GUYS GOOGLE “SAMFYA BEACHES” AND SEE WHAT THESE ZAMBIAN GOVTs HAVE NOT BOTHERED TO REALLY DEVELOP. I GO TO BEACHES HERE (OVERSEAS), NO BEACH HERE CAN MATCH OR COME NEAR TO SAMFYA BEACHES.
Zambians, lets change our attitudes then we can develop our country. Investors are welcome. All we need is a strong and firm law to protect our land and the investor. It is because of this attitude that our country can never develop. Lets wake up. We need a better and developed Zambia. Politiking wont take us anywhere, racism either. Lets use our brains and not our hearts to think and choose what to say and what to do. Remember to vote wisely on October 30.
SAD, SAD, SAD!!!! it’s disgusting to read all the racist comments that dominate this blog. What a shame!! I’m a Zambian living in the US and iám extremely greived to see zambian bloggers publishing STUPID comments. Its either these people are HIGHLY iliterate or they just bored, nothing constructive to do. The following saying goes, ”An Idle Mind is a Davils Workshop”…..
So please, iám requesting my Zambian fellows to think positively and contribute to the economy with sensible advise, rather then posting DULL comments. As some people have commented that China and India are the fastest growing economies currently dominating, so whats wrong in inviting them as investors. Though I agree that they should undergo a proper scrutiny process. Foreign investors are all over the…
Then there are bloggers arguing that Zambia should invite American and British investors!! Don’t you realise that they already exist in Zambia. Guess, these STUPID people don’t have time to read or follow the news.. Did you guys even know that America was built and survives from funds received from the middle east (Esp. Saudi Arabia). The arabs have invested in America and the Chinese and Indian are investing all over the world, including middle east and the US. Then again, you find bloggers saying that Indian are labourers in middle eastern countries. Offcourse they are, but why forget that we Africans were taken as slaves by the Whites and Arabs!!You are complaing of our leaders but look at your own self!!! No wonder we are doomed, i regret to say…WAKE UP PEOPLE AND THINK…